Revenue segments as reported by the company.

Passenger

Freight

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries, wages, and benefits

Payroll support, voluntary separation

Fuel and oil

Maintenance materials and repairs

Landing fees and airport rentals

Depreciation and amortization

Other operating expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Southwest Airlines

Southwest Airlines Co. engages in the operation and management of a passenger airline. It offers ancillary services such as early bird check-in, upgraded boarding, and transportation of pets and unaccompanied minors. The firm operates in U.S. states, District of Columbia, the Commonwealth of Puerto Rico, Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 9, 1967, and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Southwest Airlines reports Q4 loss, invests in tech for growth

Southwest Airlines faced challenges with operational disruptions impacting revenue but remains focused on growth and operational improvements
Investing heavily in technology and workforce expansion, Southwest aims to enhance operational resilience and prevent future disruptions
Customer loyalty and improving booking trends post-disruptions indicate a positive outlook for revenue recovery and operational stability
Addressing root causes of recent events and focusing on crew communication and technology upgrades to ensure operational efficiency

Southwest Airlines reports Q1 loss, eyes profit rebound in Q2

Southwest Airlines navigated Q1 challenges with a net loss but anticipates solid profits in Q2 and full year, focusing on cost management and revenue growth.
Despite facing cost pressures and capacity adjustments, the airline is investing in customer experience enhancements and labor negotiations for competitive compensation packages.
Strong demand for summer travel bookings and managed business travel recovery present growth opportunities for Southwest Airlines.
The company's strong balance sheet, customer-friendly policies, and brand strengths position it well for future success in the airline industry.

Southwest Airlines reports record revenue and profit outlook for 2023

Southwest Airlines delivered strong financial results in Q2 2023, with record revenue and profit expectations for the full year.
Despite challenges with weather disruptions and labor costs, the company is focused on optimizing operations and revenue efficiency.
The airline is capitalizing on opportunities in network optimization, ancillary revenue growth, and customer experience enhancements.
Maintaining a robust fare environment and strong demand signal positive momentum for Southwest Airlines.

Southwest Airlines reports robust Q3 performance and plans for growth

Southwest Airlines delivered strong financial performance in Q3 2023, with operational improvements and outperformance in key segments. The company is focused on enhancing customer experience, driving ancillary revenue growth, and aligning capacity with changing travel patterns.
Challenges include managing costs, labor pressures, and evolving consumer demands, but Southwest is proactively addressing these through strategic initiatives. Opportunities lie in capacity growth, margin improvement strategies, and product enhancements to meet evolving consumer preferences.

Southwest Airlines reports record revenue and navigates cost challenges

Southwest Airlines had a strong performance in Q4 2023, focusing on operational improvements, labor agreements, and financial stability. While facing challenges such as increased unit costs and capacity adjustments, the airline is poised to capitalize on opportunities in a strong demand environment and efficiency enhancements. The company's strategic focus remains on delivering long-term financial goals and maintaining quality service.

Southwest Airlines reports record revenues, faces challenges in capacity planning

Southwest Airlines navigated challenges in Q1 2024 with a focus on revenue growth, cost management, and operational improvements. The company is evaluating potential changes to seating arrangements to align with evolving customer preferences and operational needs. Strategic initiatives include network optimization, revenue enhancements, and maintaining financial discipline.

Southwest Airlines reports Q2 challenges and strategic transformation plans

Southwest Airlines faces challenges in revenue and cost performance but is focused on strategic transformation.
The company aims to capitalize on opportunities through new revenue management strategies and operational improvements.
Despite concerns about customer preferences, Southwest is confident in its shift to assigned seating.
Safety remains a top priority, with proactive measures to address incidents and enhance cockpit resource management.

Southwest Airlines advances transformational plan amidst operational challenges

Southwest Airlines is making significant progress on its transformational plan, focusing on revenue improvements and cost management.
Despite challenges, the company maintains strong operational performance and is committed to maximizing growth opportunities.
The strategic initiatives and focus on efficiency enhancements position Southwest Airlines for long-term success and shareholder value creation.
Adapting to market dynamics, exploring fleet monetization, and refreshing the Board with expertise are key strategies for future success.

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Cost of revenue

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SG&A

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EBITDA

Net income

Earnings per share

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Net PPE

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Minority interest

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Book value per share

Cash from operations

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Cash from investing

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Purchase/sale of business

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Cash from financing

Change in stock

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Net change in cash

Free cash flow

Southwest Airlines Co. engages in the operation and management of a passenger airline. The firm also offers ancillary services such as early bird check-in, upgraded boarding, and transportation of pets and unaccompanied minors. It operates in the United States, the Commonwealth of Puerto Rico, Mexico, Jamaica, the Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. The company was founded by Rollin W. King and Herbert D. Kelleher on March 9, 1967 and is headquartered in Dallas, TX.

Merck

Seagate Technology Holdings PLC

Earnings season is well underway, and the winner-and-loser separation continues to grow. Of the companies that beat consensus analyst estimates, even fewer go well beyond and exceed analyst expectations.

3 companies that more than doubled analyst EPS estimates

Redesigned aircraft cabin interior featuring RECARO aircraft seats to debut in early 2025 Existing Boeing 737 MAX 8 and -800s to include onboard power ports and larger overhead bins Uniform refresh process underway to bring newly-designed apparel to Employees DALLAS , Feb. 2, 2024 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) is onboarding a new look and feel with plans for redesigned aircraft cabin conveniences and interiors that are distinctly Southwest® and will feature new aircraft seats from RECARO. Alongside these efforts, Southwest announces an Employee uniform refresh that will bring a modern look to more than 53,000 Southwest Employees.

SOUTHWEST AIRLINES PLANS CUSTOMER EXPERIENCE ENHANCEMENTS AND MODERNIZATION OF BRAND ELEMENTS WITH A REDESIGNED CABIN, NEW SEATS, AND A UNIFORM REFRESH

Delta Air Lines

United Continental Hlds

American Airlines Group Inc. NASDAQ: AAL is pulling back after its January 25 post-earnings gap higher. However, Wall Street sees reasons to buy not only American Airlines but other stocks in its industry.

3 reasons airline stocks are a buy right now

Southwest Airlines (LUV) is expected to add more routes from Kansas City and San Francisco for football game in Las Vegas.

Southwest Airlines (LUV) to Add More Routes to Las Vegas

DALLAS , Jan. 31, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on March 6, 2024, on all shares then issued and outstanding. The quarterly dividend will be paid on March 27, 2024.

SOUTHWEST AIRLINES DECLARES 180th QUARTERLY DIVIDEND

Boeing

Airbus SE

Southwest Airlines has no plans to diversify its fleet towards Airbus aircraft and still wants to eventually take delivery of the Boeing 737 MAX 7 planes it has ordered, Vice President Treasurer Dean Jenkins said on Tuesday.

Southwest Airlines not looking to shift to Airbus aircraft, still want Boeing MAX 7s

Las Vegas' largest airline adds more flights and itineraries from Kansas City and San Francisco for fans to travel to the biggest football game of the year! DALLAS , Jan. 28, 2024 /PRNewswire/ --  Southwest Airlines Co. (NYSE: LUV) is gearing up for the Big Game weekend in Las Vegas with more flights for football fans in Kansas City and San Francisco.

SOUTHWEST AIRLINES ADDS MORE FLIGHTS FOR THE BIG GAME IN LAS VEGAS

Southwest Airlines Co. (LUV) Q4 2023 Earnings Call Transcript

Southwest Airlines' (LUV) fourth-quarter 2023 revenues benefit from solid leisure demand.

Southwest Airlines (LUV) Q4 Earnings & Revenues Beat, Up Y/Y

While the top- and bottom-line numbers for Southwest (LUV) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Southwest (LUV) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Southwest is the latest airline to remove a yet-to-be certified Boeing Max model from its plans.

Southwest Airlines takes Boeing Max 7 out of 2024 plans because of certification delays

Southwest Airlines Co. shares LUV, were dipping in premarket trading Thursday, though the air carrier posted an adjusted earnings beat for its latest quarter. Southwest reported a fourth-quarter net loss of $219 million, or 37 cents a share, about even with the loss it posted a year earlier.

Southwest logs earnings beat, but stock inches lower after results

DALLAS , Jan. 25, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its fourth quarter and full year 2023 financial results: Fourth quarter net loss of $219 million, or $0.37 loss per diluted share Fourth quarter net income, excluding special items1, of $233 million, or $0.37 per diluted share Full year net income of $498 million, or $0.81 per diluted share Full year net income, excluding special items1, of $986 million, or $1.57 per diluted share Record fourth quarter and full year operating revenues of $6.8 billion and $26.1 billion, respectively Liquidity2 of $12.5 billion, well in excess of debt outstanding of $8.0 billion Bob Jordan, President and Chief Executive Officer, stated, "2023 was a year of significant progress. We finished the year a much stronger Company thanks to the efforts of our incredible People.

SOUTHWEST AIRLINES REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

Southwest Airlines said on Thursday it was expecting to take fewer deliveries of Boeing's 737 MAX aircraft and it had left out the MAX 7 model, which is mired in certification delays, from its 2024 fleet plans.

Southwest Airlines removes MAX 7 from 2024 plans, cuts delivery forecast from Boeing

Airbus has unveiled its first global aircraft recycling project in aviation hub Chengdu in southwest China, state-run Xinhua news agency reported on Thursday.

Airbus launches first global aircraft recycling project in southwest China -Xinhua

The fourth-quarter report should be much better than a year earlier. The carrier had nearly 17,000 cancelations around Christmas in 2022.

Southwest Set to Report Earnings. Here's What to Watch.

More than 98% of Southwest Airlines (LUV) flight attendants cast their votes in favor of a strike.

Southwest (LUV) Flight Attendants Vote to Authorize Strike

DALLAS , Jan. 24, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its fourth quarter 2023 financial results. Details are as follows: When: Thursday, January 25, 2024 at 12:30 PM Eastern Time Who: Bob Jordan, President and Chief Executive Officer Andrew Watterson, Chief Operating Officer Ryan Green, Executive Vice President and Chief Commercial Officer Tammy Romo, Executive Vice President and Chief Financial Officer Web Address: http://www.southwestairlinesinvestorrelations.com/   To access the live audio webcast and subsequent replay, click on the link above, or go to www.southwest.com and click on "Investor Relations" under the "About Southwest" menu at the bottom of the page.

Southwest Airlines to Discuss Fourth Quarter 2023 Financial Results on January 25, 2024

TWU Local 556 said that more than 98% of its voting members approved the strike, the first such vote in the union's history.

Southwest Airlines Flight Attendants Authorize Strike

In the voting procedure, 92.73% of Southwest Airlines' (LUV) pilots cast their votes in favor of the deal.

Southwest Airlines' (LUV) 5-Year Pact With Pilots is Approved

Southwest Airlines flight attendants voted to approve a strike against the carrier, the Transport Workers Union of America Local 556 union said on Tuesday.

Southwest Airlines flight attendants vote to approve strike authorization

DALLAS--(BUSINESS WIRE)-- #556strikesback--Southwest Airlines flight attendants have endured more than five years without a new Collective Bargaining Agreement with Southwest Airlines, and they have had enough. Today, TWU Local 556, the union of Southwest Airlines flight attendants, announced results of members' strike authorization vote. More than 98 percent of voting members authorized the TWU Local 556 Executive Board to call for a strike against Southwest Airlines. This is the first time in the union's histo.

Southwest Airlines Flight Attendants Approve Strike Authorization with 98% Yes Vote

DALLAS — Pilots at Southwest Airlines have overwhelmingly approved a new contract that will raise their pay rates by nearly 50% by 2028, becoming the last group of pilots at the nation's four biggest airlines to score huge raises.

Southwest pilots ratify contract that will boost pay by nearly 50% by 2028

Carriers are offering bumper contracts to attract and retain pilots as travel rebounds after the pandemic.

Southwest Airlines pilots avert strike with new five-year, $12B deal

Southwest Airlines (LUV) fourth-quarter 2023 revenues are expected to have benefited from growth in air-travel demand. Rising expenses are likely to have weighed on the bottom line.

News for Southwest Airlines Stock (LUV)